Warmup Quiz: Banking

Anika, Maya, and Priya went shopping. They noticed that their debit cards can be......

• A quick way for Anika to get a small loan

• A way for Maya to delay having a purchase to come out of her account

• Paid off over time by Priya

• Used at many retailers where they were shopping

Lily and Rohan are planning to open a bank account. They learned that there are two types of deposit accounts they can consider. What are these two types?

• Checking and Savings

• Money orders and ATMs

• FDIC and EDIE

• Overdraft protection and checking fees

Arjun, Priya, and Ava are discussing why people might use a bank. Arjun suggests...

• For safety of their money

• To send a letter to an employer

• For advise on which car to purchase

• Because they thought the ATM card had a pretty picture on it

Lily, Ava, and William are studying finance and they come across a topic that mentions the 3 major types of financial institutions. Can you help them identify these?

• ATMs, banks, and direct deposit

• Savings & loans, banks, and credit unions

• credit unions, money orders, ATMs

• Bank manager, teller, loan officer

Scarlett wants to start a small business and needs a loan. She decides to go to a bank. Who should she most likely talk with to get the loan?

• Loan Officer

• Bank Teller

• Customer Service Representative

• Bank Manager